Performance Food Group (PFGC) Form 144: 5,000-Share Sale Planned
Rhea-AI Filing Summary
Form 144 filing for Performance Food Group Company (PFGC): The filer notifies a proposed sale of 5,000 common shares through Morgan Stanley Smith Barney LLC on 09/02/2025, with an aggregate market value of $507,000. The shares were acquired as restricted stock units from the issuer on 08/18/2023. The filing reports 156,519,106 shares outstanding for the issuer. The notice also discloses a prior sale by the same person of 2,000 shares on 07/11/2025 generating $190,000. The signer represents there is no undisclosed material adverse information and references Rule 10b5-1 language where applicable.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale of 5,000 RSU-derived shares; size is small relative to outstanding shares and appears procedural.
The filing shows a planned open-market sale of 5,000 common shares via a major broker with an indicated market value of $507,000. The shares originated from restricted stock units granted by the issuer on 08/18/2023. Given the issuer's reported outstanding share count of 156,519,106, the proposed sale represents a de minimis percentage of the float. The filing includes a recent 2,000-share sale on 07/11/2025 for $190,000, suggesting ongoing, limited disposition activity. From a market-impact perspective, this notice is routine and unlikely to move the stock materially.
TL;DR: Disclosure follows Rule 144 requirements and includes representation about material nonpublic information.
The form documents acquisition details (RSUs) and payment dates, and it contains the standard representation that the signer is unaware of undisclosed material adverse information. The mention of Rule 10b5-1 and prior sales provides useful context about compliance with insider-trading frameworks. There is no indication of unusual timing, special consideration, or large-scale insider liquidation that would raise governance concerns.